Why We Invested in Real Player DAO (RPD)
RPD's Real Player Offering: The Gateway to the P2E Gaming Sector
Why We Invested in Real Player DAO (RPD)
Blockchain metaverses are becoming an increasingly integral part of our digital lives, with a potential market size of around 1 trillion dollars, according to Grayscale.
As virtual spaces on the blockchain continue to grow, DAOs are emerging as the next administrators. In fact, Messari notes that in 2021, several DAOs had balances worth more than $50 million, a significant increase from just five years ago.
This rise suggests that DAOs are becoming the future boardrooms of internet organizations, with governance tokens playing a crucial role in organizational management. By empowering investors to make distributed decisions, while earning income from protocol fees, these tokens enable investors to take control of the platform's best interests.
Market analysts and cryptocurrency experts predict that DAOs will realize their full potential in 2023 as more people and companies collaborate with these organizations.
GameFi Guilds: Real Player DAO (RPD)
A relevant aspect of DAOs is that they allow the organization of all types of entities or individuals that traditionally did so in the past under a collaborative spirit but without the advantages of decentralization.
With play-to-earn games generating billions in revenue for the blockchain industry, it is customary to see the emergence of guilds in blockchain video games. The formation of GameFi guilds is the hottest trend revolutionizing the course of many NFT games under the figure of a DAO.
An example of this can be found in Real Player DAO (RPD), a DAO that seeks to help games onboard real players from the beginning by activating the community through simple tasks to start playing GameFi for free.
Challenges for the GameFi Guilds
Since the rise of Axie Infinity, thousands of players have appeared on the scene of P2E NFT games and the like in the GameFi sector.
With this, alliances have arisen to house thousands of players in various games similar to Axie, but the current economic inefficiencies of the game and the P2E games sector began to be exposed.
Players sometimes realized they were earning above the minimum wage in their respective countries. Still, because of market conditions and the inflationary economics of these game tokens, their income was drastically reduced due to the decrease in the price of the assets in the game.
With incentives reduced, play-to-earn games that were initially lucrative and inviting were suddenly not as enticing as they once were due to:
Organizations relying on daily player activity across multiple games quickly starved of operating capital.
Real player appetite to join GameFi guilds is diminishing due to a lack of incentives.
The lack of support beyond the money leads to the loss of value of human resources over time and, therefore, capital for the guilds.
Those guilds that only focused on a vertical organizational structure saw a decrease in value, replaced by organizations that function under the spirit of a DAO.
Currently, guilds are being limited by regions and languages. Consequently, expansion is slow and limited because of the high marginal cost.
The above challenges have been studied and transformed by the new GameFi player organizations within the so-called GameFi Guilds that operate under the standard of a DAO. These DAOs are especially active in the most popular decentralized verticals, including investment and gaming, where they provide added value to the organization to make it sustainable over time.
Key aspects of Real Player DAO (RPD)
Real Player DAO aspires to become the first GameFi Guild in the sector.
For this, they have adopted a series of characteristics with which they seek to stand out from the competition to achieve a broader objective: to capture as many real players as possible within the fascinating world of blockchain games.
Real Player Offering (RPO)
One of the significant differences between RPD and other similar projects is its innovative concept of awarding incentives through tasks involving users in GameFi projects, the RPO.
RPO is the first multitasking distribution platform for the GameFi industry.
Inspiring & Exciting !!!
Within 10 days of public test, RPO platform has reached more than 20,000 users.
RPO: the first task platform of Gamefi. Check tasks: https://t.co/3pxD2MeHUs
Simple task, good reward. We are going to be the biggest entrance of Gamefi soon. #gamefi https://t.co/7qKS2bN6kS
— Real Player DAO (@realplayerdao)
May 14, 2022
With simple tasks and good prizes, RPD is emerging as the first task platform of GameFi offering users an easy way to get involved in the sector, especially those potential players sitting on the sidelines.
Under the guise of a Real Player Offering (RPO), the public test is open to the community to connect real gamers with potential GameFi. The task platform configuration is designed to provide a more direct and effective way of playing: simple entry tasks plus cash prizes.
Execute simple tasks, earn tokens from the DAO or an associated project, and start experiencing the potential of GameFi for free.
Tasks are divided into two types: social network tasks and in-game tasks. Prizes vary, including tokens and NFTs to whitelist spots and stablecoins.
This new RPD feature aspires to become the first stop and gateway for players to start their adventure in the P2E games sector.
An essential feature of the RPO is that while the tasks are open to everyone with level 0 membership, some tasks with better rewards or prizes will be available to high level members via their test token on the BNB Chain to encourage members to be more active.
A more efficient DAO
One of the significant drawbacks of the DAOs is that the result of the proposals often is not executed efficiently due to the lack of management capable of following up on a preconceived plan.
As a solution, RPD is based on the philosophy of uniting the best of the traditional corporate world, and the decentralized world represented in the DAOs.
To accomplish this, RPD is built on the principles of becoming a DAO with an open process, democratic decision-making, and efficient execution.
As part of its organizational scheme, RPD plans to limit each team within its Guild to 20 members. Whenever the number exceeds 20, RPD encourages the game teams to divide up, or fission.
This will allow it to fulfill one of its missions more efficiently: distribute in-game assets (tokens and NFTs) to the players.
A new scholarship scheme
Unlike the traditional scholarship schemes of other GameFi Guilds, RPD anticipates that potential players in the sector who wish to apply for one of the scholarships will be awarded by the RPD team for contributing to the expansion of its community of real players; they will be organized into small teams and defined as fighters.
In addition, the scholars must carry out exclusive tasks within the RPO, which will create a virtuous circle that will ensure potential players are committed to RPD through social tasks and will, in turn, be rewarded for their effort spent on the platform.
More interestingly, users who wish to apply for one of the RPD scholarships must stake the native token $RPO to borrow assets from RPD with lower interest. This encourages holding the $RPO token to maintain the financial stability of the DAO.
RPD is aware that the core of its organization is its members. For this reason, it has adopted an approach of granting two types of assets to its members, tokens and NFTs, with which they can improve their membership benefits and rewards.
Having a guild NFT can play a role of acceleration and improve the membership level faster.
Additionally, staking tokens is not only a way to get RPD token rewards but also to improve the level. The level of promotion is related to the number and duration of promises.
In addition, the Real Player DAO foresees the RPD Pass will be a combination of membership and PFP (Web 3 personal avatars), which users can turn into their logo or personal brand within Web3 while sharing the benefits of guild development.
Focused on the most important gamer community in the world
RPD is focused on the Chinese community, and a notable strength is that it is the most active guild within the Chinese association.
In addition, they foresee its development in Turkey and Africa, two regions very suitable for developing P2E games due to the labor available at low cost, thus reducing the cost for their flagship products such as RPO.
Compared to other Chinese-speaking guilds, their advantages are apparent, and with substantial and growing resources abroad, it positions them alongside industry giants like YGG.
The Year of GameFi and DAOs
Although the emergence of guilds for the gaming sector is nothing new, their leap into the fascinating world of cryptocurrencies, especially the GameFi sector, represents one of the great promises of 2023 and beyond.
RPD was created to offer good services for the guild members, such as information services, research on suitable products to explore, and asset leasing, allowing sharing of risks and lowering the threshold for users.
Guilds like RPD have become the gateway, especially in the early stages, for players entering the GameFi sector.
Key Backers of RPD
With strong backing from investors like Animoca Brands, Youbi, Momentum 6, and Double Peak, RPD is helping build a better GameFi ecosystem with games and real players alongside investors in a decentralized organization run more efficiently through collective decision-making.
This support from the investment community will allow Real Player DAO to obtain risk-free assets in various ways to optimize its capital at stake in the P2E platforms of the GameFi sector.